Competitiveness of Chinese Textile in EU Market - Dissertation Example

The paper "Competitiveness of Chinese Textile in EU Market" is a wonderful example of a dissertation on macro and microeconomics. The paper analyses the strength of the Chinese Textile and Apparel industry in the Global Market and the competitiveness of the industry particularly in the EU market. The emphasis is on the strategic advantage of the domestic structure of the Chinese textile industry, and the economic conditions which induce the growth with competition from the emergence of the textile industry in other parts of the world.

There is growing competition in the entry into the EU market; which is one of the main areas of expansion after the USA. The impact of international competitiveness has on the state and the social setup in the domestic market. The timely involvement of China’s with joining WTO and the favorable impact of the quotas, strengthen the economic scene. The emphasis is also on the close link between the Chinese economy and the population, to form the spine of the economic development in China.

The focus is also on the efforts made by the Chinese textile industry on the global scene, with emphasis on expanding quality production and competitive penetration in the world market. Content: The content presents the aims and the objectives of the paper, which focuses on the strategic and economic advantage of China in achieving a position of significant importance on the world platform in the Textile and Apparel Industry with special emphasis on its competitiveness in the EU market. The understanding of these state-societal arrangements and international competitiveness requires detailed industry-specific analysis.

Hart, argues that a country does not need to be competitive in all industries, “some industries are economically strategic in the sense that their failure to be competitive makes it impossible for a country to be competitive in others in which participation is necessary to obtain access to generic technology” (Devine, 1994) International Competitiveness has been defined in this Global Economy, as the measurement of the whole structure of the economy with its partners in the area of the trade balance, world export share, rate of growth of productivity and real wages, and the price elasticity of imports.

The sate –societal arrangements significantly explain the changes in International Competitiveness.